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in this country because i think we're getting a real break because europe is having the problems they're having and as a result, the world -- the parts of the world that have assess in savings don't have great choice. you ask europe, they look at us and say we're better. that's why when we get downgraded, our interest rates fail. but i think we're living on borrowed time. but why -- why none of the political -- why are they playing political games when there are such a real issue out there? >> first, it's more than the flight to safety. something is being done now to a degree that's never been done in the history of the united states. we're self-dealing in our own debt. the federal reserve is now the largest overview of u.s. debt and it's purchasing over 707% of all new u.s. debt issuance and it's done the twist of being able to hole down long-term interest rates to help the economy, help the housing market. if you look at people who are buying their debt, their appetite is getting less, not greater. they're buying short-term debt, not long-term debt because of huge interest rate risks and curr
deduction will deteriorate. we are seeing a fiscal drag in europe. i would argue that we should smooth into this drag even more. make policy changes so next year the gdp is half of this speed limit. that would be consistent with extending an emergency program and some form of tax holiday. in terms of the debt ceiling, that needs to be increased. it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the
it is in europe or in asia. and i don't know personally how you grow a real economy without being able to produce goods in a competitive way. i think that it's important to also understand that there are so many factors that go into the adequacy of an educational system. you've referred to consolidation. absolutely critical. and new york state, 650 school districts. a lot of them, each of whom has their -- has one school bus or some of whom have one school bus and a commissioner transportation. >> oklahoma as tiny as we are have 521 school districts. >> that is a very tough nut politically. because education is always local. and always wants to make sure her kid gets on the football team. and it's hard to change that. but there's enormous, enormous redundancy in expenditures there. and that has to be addressed. also, the nature of the population varies. and that has an impact on the quality of education. and the ability of schools to teach. and the same time we have to recognize that 50 years ago, we had -- there weren't very many opportunities for women. there weren't very many women running sta
to call eastern europe has become very differentiated. these companies -- these countries no longer have much and common with each other. >> more with anne applebaum from "iron curtain." sunday night at 8:00 on "q &a." >> president obama talks about friday's shooting in newtown, connecticut. >> on friday we learned more than two dozen people were killed when a gunman opened fire. most who died were young children with their whole lives ahead of them. every parent has a heart heavy with hurt. among the fallen more also teachers, men and women who devoted their lives to helping their children fulfill their dreams. our hearts are broken today. we grieve for the families of those we lost. we keep in our careers the parents of those who survived. as blessed as they are to have children at home, they know their child's innocence has been torn away it far too early. as a nation we have endured far too many of these tragedies over the past few years. an elementary school, a shopping mall in oregon, a house of worship in wisconsin, a movie theater in colorado, countless streetcorners. any of thes
between a very rich oligarch. the problems of what you have in europe, the most successful countries like switzerland, norway, 90% is a successful middle-class. they must develop the middle class. it is impossible to build a democratic country, a tolerant country that is ready to coexist. >> you cannot move to scandinavia. that is not one of the options for israel. let me ask you this question. as opposed from lurching from conference to conference, when you think over a 10-year or 20- year horizon, given your pessimism about the palestinians, think about it further out. what is it that we in america are helping you attain? is it to continue the status quo? is it to have a negotiated peace? >> i completely agree with you that the first real and crucial mistake was from moses, that he brought us to the middle east. we are in the middle east. in the middle east, there is no coincidence that we have only one vibrant democracy. the state of israel them that despite all of our challenges. you see what happens now in syria and even in iraq, in egypt. despite all the challenges, we are still a v
a situation where we have a massive advantage over europe and asia in terms of our natural gas. it creates a better economy and that reduces the debt. >> there is a headline predicting we will be producing more oil than saudi arabia beginning in 2020. this is something almost on imagined 10 years ago. what is the role of the federal government? >> to do things that encouraged the results. you can solve this fiscal problem if you grow our role to position relative to everybody else's. a big problem is the percentage of government spending is more than its should be related to total gdp. if there is an easier for millet in the history of economics that more american energy equals more american jobs, i don't know what it is. it is all the jobs you have if you of a reliable supply of energy. the front page of the "the wall street journal" indicates a difficulty of connecting this cheap product we have in natural gas. we thought we would run out natural-gas as a country. connecting this cheap product with a more expensive market and getting it overseas. if we could become energy self- sufficien
't really control. i think what the u.s. and europe do and international financial institutions do is going to matter. morsi really cared about what the international community thinks about him. the brotherhood is very sensitive to that because they need outside support to get their economy back on track. so there is a real point of leverage there. so that -- if we can use that then i might actually be a little bit more optimistic. and but in terms of what the long-term goal is, izz -- islamists are islamists for a reason. they aren't going to become liberals. all this nice talk about post islamism is not realistic because we're talking about deeply religious conservative societies where large majorities admittedly don't vote on the basis of siria but they are sympathetic to the role of sharia and life. and democracy can empower those elements of society that can push society further tore the right and that's not just egypt we see that in other democracies whether in hungary, israel. it's not a unique thing today. islamist doss want to have a more islamically infused egypt and that is somet
their capabilities so they can provide for their own security. in latin america, africa, europe, and elsewhere. the past decade of war has reinforced the less than that one of the most effective ways to address long-term security challenges is to help build the capabilities of our allies. we have seen its approach with our counterinsurgency campaigns in iraq and afghanistan and our counter-terrorism efforts in yemen and somalia. we are expanding our security force assistance to a wider range of partners, in order to address a broader range of security challenges. in the asia-pacific, the middle east, and europe, africa, and latin america 3 to implement this area of strategy, the services are retaining the security cooperation capabilities we have honed over a decade of war and making investments in regional expertise. for example, for the army's new regionally aligned for grade a g brigade structure, they are able to engage on a regionally aligned brigade structure, they are able to engage on a rotational basis. to cut through the bureacracy and red tape to provide assistance. i visited countr
of legislators. i will close with this -- we have a different form of government than they have in europe. this is not a parliamentary system. in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some action and you would now. you would not have some uncertainty -- each party has its dreams and hopes and plans. they would have to change to get this policy through. we have to meet each other halfway. the house is run by the republicans. is -- the senate is run by the democrats but is not a super majority. the president is a democrat. we have to work together. that is the name of the game. if we can do it on the highway bill -- if they can do it on the farm
of eastern europe has become very differentiated. the don't even have much in common with one another. >> more with an applebaum on life in poland and hungary. tonight at 8:00. >> on thursday, local officials from york and new jersey urged congress to approve a supplemental funding for its cities affected by hurricane cindy. two officials with the small business administration testified. this is one hour and 45 minutes. >> good morning. thank you for joining us today to discuss the small business administration's response to hurricane sandy. i've of like to thank our witnesses that will be testifying in just a moment. i will introduce them in just a moment. let me make a couple of opening statements. we are here today to evaluate the response and recovery effort in the aftermath of hurricane same day as the largest ice storm in u.s. history. hurricane zandi claimed the lives of 130 to americans, it damaging and destroying more than 600,000 homes and 459,000 businesses leaving more than 8.5 million families with out fire or running water. most of the power grid has been turned back on.
at the force posture very specifically. we have a lot of forces in europe, at sea and on land, it is not reasonable that they could have responded in any kind of a timely way. this was over in a matter of 20- 30 minutes in a matter of that mission specifically. we have no forces ready or tethered focus on that. nor would we expect to have. >> there was no mention of the cia in the report and they had more personnel there than diplomats. >> we do not discuss intelligent questions. >> aeronautics ossified organization. >> thank you very much. thank you to our chairman and vice-chairman. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> on thursday, the senate foreign relations committee held a hearing on the benghazi attack. the deckers it -- the deputy secretary of state testified. they said they would put several recommendations into effect before the end of the year. this is one hour, 45 minutes. >> my apologies for the switch in time. as everybody knows what the loss of our colleague, the course of events was
. there is a similarity to what is happening in europe with what could happen here if we do not get our house in order. but we certainly are not greece. >> enough talk about this single-minded focus. and yet you -- you have talked about this single-minded focus. how do you feel about leaving at this particular point in time? >> we still have several weeks. we have laid out the plans. all these efforts i have been part -- all of these efforts that i have been a part of. one reason i did not run again is because i wanted to focus these last two years. i knew if i was running i would not be able to be in the hundreds of hours i have been a part of. they developed a work product to those who are negotiating. many of the ideas we generated will be part of a solution before the end of this year or early next. the work product we produced will be a part of the solution. >> you talk about missing 80% of family birthdays, but will you -- what will you be doing next? >> i don't know. some speaking, some teaching. one thing i can assure you i will not be doing is lobbying. beyond that, i have made that clear tha
an ability to attack the homeland, it does have a history and has expressed an intent to attack europe. the focus is on restoring democratic focus. a political settlement of legitimate northern grievances, resstration of sovereignty, focused pressure on aqim and continuing the civilian led response to the humanitarian legislation. working with partners to conduct military planning for an mirn led international force . this is very much an african led process. our efforts are aimed at making our partners more capable but that combating the threat and providing better security for their people more generally. the worsening situation also poses a risk to the surrounding governments in the region especially more tainia and asia. the transsahara cousht terrorism partnership is the interagency mechanism for coordinating efforts to enable governments the counter. department of defense, state department, sufment aid and others work closely to coordinate to ensure unity of effort was the pen tartspating partners which includes malli and its neighbors. it is planning for a military intervention
them internally in central europe. they encourage more scientists and engineers. the founders would have known this. you need the historians and philosophers to look way over the cliff to the mountains and beyond. talking about creating incentives to do -- you have to have people that are imaginative who can look beyond the current crisis. that has been part of the american middle class, new ideas. >> i agree with that. i would like more of an emphasis on science and math. in terms of the k through 8th grade. >> absolutely. a young physicist learning how to do problem sets started going back to the questions of uncertainty and the relativity theory and became more philosophical. if you're just doing problem sets, you are not thinking about the deeper ideas or setting the framework for thinking will be on the cliff to the future. >> do you have a question? >> i fear that we have a burgeoning student loan problem in our country. it is the only form of consumer debt that has increased substantially. people don't have the jobs. look at it on an apples to apples basis. very high default
girl people who voted the second pass system in europe. in this case, i do not think because there's a high percentage of children living in aberdeen that that means are ready to save the people well enough. we should have issues like increasing the minimum wage because that is affecting every single young person's employment. thank you. [applause] >> how about a young person from the southeast? to a quick click [inaudible] concerts that raised young person is important. from scotland, northern ireland, west of england by transport. however this is a lingering issue. we have tried again and again to try and make cheese and make transport cheaper, but we have moved issues different because we know this is the people. as young people we have to make this a national issue, not just one year after year. this is the year of change. 2013 is coming. we can't have the same issues. it's not supposed to be fair on everyone. so i beg you, let's try something different. [applause] >> how about the female speaker from the northwest? anybody from the northwest? yes. >> whatever we do, i try to t
they behave? one of the things that happened in 1939 is the renalon we call eastern europe had become very differentiated. these people had nothing in common with one another except for communist occupation. >> more on poland, hungary from her historical narrative "iron curtain" tonight on c-span's "q & a." >> ben bernanke announced monetary acks to sustain the economy, including guidance on how long interest rates will remain at record lows. he said the fed will not raise interest rates as long as the unemployment rate remains at 6.5%. the chairman's remarks are an hour and 15 minutes. >> millions of people who would like to find full time work have found only part-time work or have stopped looking entirely. a return to broad-based prosperity will require sustained improvement in the jobs market which in turn requires stronger economic growth. meanwhile, these flubflunk fluctuations largely reflect swings in energy prices, we remain below our 2% objective over the longer term. this back drop includes high unemployment. purchases of agency mortgage-backed securities continue at a pace of $
in the hay? >> one of the things that has happened since 1989 is the region we used to call eastern europe has become very differentiated. these countries no longer have much in common with each other, except for the common memory of communist occupation. >> more with an applebaum in germany.soviet eastern m -- anne applebaum. that is a big night at 8:00 on c-span "q&a." >> now, latino leaders discuss issues that may impact of latino generation. panelists include former white house advisor to latin -- latin america, executive director of the latino partnership for conservative principles, and arizona state university professor rodolfo espinoza. this event is two hours. >> good morning. we will go ahead and get started. welcome to the wilson center. this is, as you well know, a place where public policy and a research me to bring together the world of ideas with your world a policy action. very happy to have our director of the latin-american program. and of course, very pleased that this is an event we are co- sponsoring with immigration works that did most of the work for this. the presid
Search Results 0 to 16 of about 17